Freeport-McMoRan Inc FCX

Binden will have to increase the price of gas

[ilvmyt5s]

The more people bail on fossil fuels the more valuable Copper becomes. Higher gas prices will force people to buy EVs. Binden will have to increase the price of gas to force people to buy more EV driving the price of copper through the roof. Charging stations use more copper than a EV has. Car Engines will have more copper in them than Iron.
 

https://www.bnnbloomberg.ca/chevron-ceo-signals-he-s-open-to-selling-canada-oil-sands-stake-1.1611956

[ilvmyt5s]

https://www.mining.com/ev-sector-will-need-250-more-copper-by-2030-just-for-charging-stations/

[ilvmyt5s]

Biden Pledges to End $90 Billion Worth of Tax Breaks for Gas Companies https://www.nationalreview.com/news/biden-pledges-to-end-90-billion-dollars-worth-of-tax-breaks-for-gas-companies/

[ilvmyt5s]

President Joe Biden’s prioritization of the shift from fossil fuels to renewable energy has drawn a lot of attention since his first day in office when he killed the Keystone XL pipeline. Not all of this attention has been flattering, with the oil and gas industry quick to voice its concerns about the course the White House is taking in energy.   And then Biden asked OPEC+ for more oil.

[goldstd69]

shutting down the USA pipeline should have been done over time...like 10 years and not overnight...that way people can plan and we are not paying through the nose to fill up our gas tanks....just wait til this winter and natural gas bills....oh I forgot ...on msnbc a lady said to stop whining as we all can afford the increases.....yeah right 36% approval rating for biden....Harris even lower....